BTC
+0.41%
81,055.00
USD
▲
MXN ≈ 1,394,943
cnbc.com
Netanyahu says Iran war is 'not over' as Trump rejects latest Iranian offer
The Iran war, dragging into its second month, has spiked oil and gas prices in the U.S. and around the world.
bbc.com
Haggling prices and chasing debts - tradespeople hit with cost of living headache
More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.
cnbc.com
Tiny data centers may be coming into the homes of Americans in the future
As public support for large-scale data center buildouts declines across the U.S., a new type designed to operate inside individual homes is coming.
theguardian.com
Full nationalisation of British Steel expected in King’s speech
Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs The full nationalisation of British Steel is expected to be announced in the King’s speech this week, a year after the government took over the daily running of the loss-making business from its Chinese owner.The steelmaker, which employs 3,500 people at its plant in Scunthorpe, came under government control last April amid fears that its owner, Jingye, was planning to shut down the site. Continue reading...
theguardian.com
Mike Ashley admits he was behind video that brought down JD Sports chair
Sports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail bossThe Sports Direct founder, Mike Ashley, has admitted to arranging surveillance footage that brought down his rival Peter Cowgill, the former JD Sports chair.Cowgill was secretly filmed in 2021 in a car talking with the Footasylum boss Barry Bown. JD Sports was in the process of acquiring the trainer retailer at the time and the two companies were not allowed to share commercially sensitive information. Continue reading...
theguardian.com
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
The economic warnings are bleak, but full extent of shortages are still not felt for many European countriesThe biggest energy shock in modern history, jet fuel shortages “within weeks”, a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the economic warnings have become increasingly dire.Yet 10 weeks on from the first US-Israeli attacks, share indices, companies and governments have been surprisingly sanguine. Every day the divergence grows between the eerie quiet on markets and alarming warnings of an imminent supply chain crunch. Continue reading...
theguardian.com
Trump tariff refunds are happening – and businesses should pay attention
Business owners may have to wade through paperwork, but the US government is now actually processing refundsWhen the supreme court struck down Donald Trump’s tariffs, many small importers assumed any refunds would be tied up in bureaucracy for years. Surprisingly, that’s not what’s happening.It’s estimated that roughly 330,000 importers paid more than $166bn in tariff fees imposed by Trump under the International Emergency Economic Powers Act (IEEPA). If your business was affected, here’s good news: you can get your tariffs refunded. You just need to be a little patient. Continue reading...
cnbc.com
Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels
A burgeoning group of YouTube strategists are charging big money to YouTubers who want to expand their popularity.
cnbc.com
SEC delay on prediction markets ETFs echoes a long-fought bitcoin fund battle
The Securities and Exchange Commission has delayed approval for prediction markets ETFs, bringing up memories of the long battle over bitcoin funds.
theguardian.com
Advisers urge JP Morgan investors to vote to split chair and CEO positions
SS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both rolesInvestors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billionaire boss Jamie Dimon.ISS and Glass Lewis, which issue advice to some of the world’s biggest fund managers on how to vote at annual investor meetings, have thrown their weight behind a shareholder resolution that would ensure two separate people hold the office of chair and chief executive “as soon as possible”. Investors are due to vote on the resolution at the bank’s annual general meeting on 19 May. Continue reading...
cnbc.com
Retailers are on a hiring spree. But consumers are sending warning signs
The retail trades added nearly 22,000 jobs in April, accounting for about one-fifth of total job growth.
theguardian.com
Saudi Aramco profits jump despite conflict in Middle East
Saudi Arabia’s state oil company’s profits up 26% to £26.9bn in first three months of yearBusiness live – latest updatesSaudi Arabia’s state oil company reported a 26% jump in profits in its first quarter as its east-west pipeline allowed it to ship millions of barrels of oil out of the Gulf despite conflict in the Middle East.Profits at Saudi Aramco hit $33.6bn (£26.9bn) in the first three months of the year, while revenue rose nearly 7% compared with a year earlier to $115.5bn. Continue reading...
theguardian.com
From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success | Heather Stewart
The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarketsA paragon of the kind of people-powered progress that feels all the more necessary in divisive times, the Living Wage campaign is celebrating its 25th anniversary this year.Born out of Telco (The East London Citizens Organisation), which ultimately became the nationwide group Citizens UK, the campaign has always involved communities working together to press for social and economic change. Continue reading...
cnbc.com
Global week ahead: Crude diplomacy casts shadow over Trump-Xi summit
A quiet power play to build up strategic oil reserves changes the energy dynamic between China and the U.S. ahead of the Beijing summit in May.
cnbc.com
Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
Aramco says its East-West pipeline has helped to mitigate the energy shock caused by the Iran war.
theguardian.com
Pension scams: Britons warned over criminals offering inheritance tax loopholes
Fraudsters exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings potsThe caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system.From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net. Continue reading...
theguardian.com
Cape Verde bets on tech to reverse postcolonial brain drain
African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economyFor much of its history since its discovery by the Portuguese in the mid-15th century, the Cape Verde archipelago off the coast of west Africa served as a hub of the international slave trade, with Africans forcibly transported to marketplaces before being distributed across the Americas and Europe.Now, almost 150 years since slavery was abolished in Cape Verde, and just over 50 years since independence from Portugal, Pedro Fernandes Lopes wants the country to become a beacon for the free movement of human and financial capital across the African diaspora. Continue reading...
bbc.com
Campaigners call for ban on use of weedkiller glyphosate at harvest time
Campaigners are calling for a ban on the use of the weedkiller over health concerns.
theguardian.com
Donald Trump will arrive in Beijing this week knowing that Xi holds all the cards | Simon Tisdall
The US president will be counting on China to influence Iran and help him out of his latest mess. But the price may be high – including for TaiwanLike an out-of-control wrecking ball, swinging wildly back and forth, Donald Trump smashes up the international order without much thought for the consequences. Lacking coherent strategies, workable plans or consistent aims, he power-trips erratically from one fragile region, tense warzone and complex geopolitical situation to another, leaving misery, confusion and rubble in his wake. Typically, he claims a bogus victory, demands that others repair the damage and pick up the tab, then looks around for something new to break.The president will bulldoze into another international minefield this week – the fraught standoff between China and Taiwan – when he travels to Beijing for a two-day summit with President Xi Jinping. After a string of humiliating policy implosions over Ukraine, Gaza, Nato, Greenland, and now Iran and Lebanon, needy Trump craves a diplomatic success to flaunt at home. But his hopes of vote-winning trade pacts are overshadowed by his latest war of choice. He needs Xi’s promise not to arm Iran if all-out fighting resumes – and Xi’s help keeping the strait of Hormuz open as part of a mooted framework peace deal. Continue reading...
theguardian.com
Defence sovereignty: Europe races to build the low-cost weapons of future
With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as dronesIn a small workshop in England’s East Midlands, engineers at the British startup Skycutter are designing weapons for Ukraine. A row of 3D printers make the fuselage for interceptor drones, while parts such as motors and navigation chips are slotted together by hand. The same process happens hundreds of thousands of times a month in partner Ukrainian factories.The swarms of cheap, deadly and often autonomous drones deployed in that war have already changed combat completely. Troops far behind the frontline must move constantly to avoid attack from the air, travelling along netted tunnels and landscapes crisscrossed by fibre optic cables used to steer drones past radio jamming. Cities are terrorised by guided missiles that are cheaper and therefore more widely used than those that came before. Continue reading...
theguardian.com
Tehran, Taiwan, trade … what are the hazards facing Trump on Xi summit tightrope?
US leader enters talks with superpower rival from vulnerable position, but will be hoping for economic wins amid turbulent backdropIf all goes to plan over the next few days – and that is a big if – Donald Trump will arrive in Beijing on Wednesday for a highly anticipated summit with Xi Jinping, China’s leader.The trip will mark the first time a US president has visited China in nearly a decade. The last visit was also made by Trump, during his first term, in 2017. Continue reading...
theguardian.com
The Sunday read: Paul Daley on going the distance in an EV - podcast
Amid fuel insecurity due to the US-Israel war on Iran, Guardian Australia columnist Paul Daley takes his first holiday driving an electric vehicle. Staring down the uncertainty of a long drive and battery-charging breaks – he learns something beautiful along the wayYou can subscribe for free to Guardian Australia’s daily news podcast Full Story on Apple Podcasts and Spotify Continue reading...
theguardian.com
Frontier Airlines plane fatally strikes person during takeoff at Denver airport
Passengers evacuated safely after person jumped perimeter fence and walked on to runway, airport spokesperson saysA Frontier Airlines plane hit and killed a person on the runway of Denver’s international airport during takeoff, sparking an engine fire and forcing passengers to evacuate, authorities said.The plane, headed to Los Angeles, “reported striking a pedestrian during takeoff” at about 11.19pm on Friday, the Denver airport’s official X account wrote. Continue reading...
theguardian.com
UK passengers on hantavirus-hit cruise to be flown to Merseyside for quarantine
Britons on MV Hondius, which is heading to Canary Islands, will be transferred to Arrowe Park hospitalUpdated news: Passengers begin evacuating cruise ship hit by hantavirus Passengers from the UK who are on board the hantavirus-afflicted cruise ship heading for Tenerife will be flown to Merseyside on Sunday for hospital quarantine.The 19 British passengers and three crew will be transferred to Arrowe Park hospital in Wirral, which hosted British people returning from China at the start of the Covid-19 pandemic. Continue reading...
cnbc.com
There's little chance of a hantavirus global outbreak. What the latest odds say
Prediction markets like Kalshi show slim chance that the hantavirus outbreak will be of international concern
theguardian.com
What I saw at the Musk-OpenAI trial: petty billionaires, protests and a stern judge
Showdown between Musk and Altman has rendered the world’s most wealthy comical under egalitarian eye of courtFor the past couple of weeks, on the fourth floor of a courthouse on a quiet street in downtown Oakland, the world’s richest man and one of the world’s most valuable startups have been at war over the future of artificial intelligence.Being one of the reporters in the room has felt like watching an updated, opposite-coast version of Tom Wolfe’s The Bonfire of the Vanities – ambition, ego, greed and the spectrum of social class on full display. The supporting cast has included Elon Musk fanboys, a stern judge and a who’s-who of Silicon Valley’s most influential people. Continue reading...
theguardian.com
Starmer brings in Gordon Brown and Harriet Harman to ease pressure on him to resign
Brown to advise on global finance, while Harman will focus on social and economic improvements for women and girlsUK politics live – latest updatesFull results from England, Scotland and WalesKeir Starmer has brought in Gordon Brown and Harriet Harman as advisers in a move to ease the mounting pressure on the prime minister to resign after the disastrous election results for Labour.Brown, the former prime minister and long-serving chancellor under Tony Blair, has been made Starmer’s envoy on global finance, with a brief to advise on financial partnerships to help with defence-related investments, particularly with Europe. Continue reading...
theguardian.com
Neither US nor Iran can sustain strait of Hormuz standoff indefinitely
Simply hanging on could be a disaster for Iranians, while Trump needs to resolve this economic crisis he created Exchanges of fire between Iran and the US demonstrate the serious instability of the situation in the Middle East. Though the US strikes late on Thursday were just “a love tap”, according to the US president, Donald Trump, the reality is that neither side can continue the high-stakes standoff in the strait of Hormuz indefinitely.The US and its ally Israel demonstrated a comprehensive military superiority over Iran – taking minimal casualties in the 38-day war – but Washington has both failed to translate that into strategic dominance and allowed Iran to take control of the strait, driving up the oil price. Continue reading...
cnbc.com
UK PM Starmer says he plans to remain in office despite crushing local elections defeat
The appointment comes amid crushing results for Prime Minister Starmer's ruling Labour Party in local elections.
theguardian.com
Air travel was already miserable. Now we get to pay more for it! | Dave Schilling
Spirit Airlines helped turn flying into a fee-based nightmare. Now it’s gone, and fuel prices are soaringForgive me for not mourning last week’s demise of Spirit Airlines, the company responsible for making flying absolutely terrible. Due to rising expenses and billions of dollars in debt, Spirit shut down abruptly last Saturday, stranding thousands of customers who were unaware that an entire business meant to transport them through the sky was about to shutter for good.Spirit was struggling for years, but it all got so much worse thanks to the soaring cost of jet fuel caused by the war in Iran and the crisis in the strait of Hormuz that halted the shipment of oil. It was bad enough being the country’s most ridiculed mode of conveyance outside of the Segway. But now it costs even more to suck that badly.Dave Schilling is a Los Angeles-based writer and humorist Continue reading...
theguardian.com
Trump airport branding deal opens new route to profit for family
Florida agreement grants US president control of licensing and merchandising at renamed airport, analysts sayIt was a week in which one prominent name in aviation, Spirit Airlines, disappeared, killed in the company’s own admission by high fuel prices resulting from Donald Trump’s war in Iran.Within days, however, another moniker was already flying high in industry circles: the president’s own. Continue reading...
cnbc.com
The Iran war will change global energy markets in these important ways, oil executives say
Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil with the shortage growing worse every day.
theguardian.com
Spiritless summer: Americans feel squeeze of costly fuel amid busy travel season
Soaring oil prices have left many Americans with higher costs and fewer options for travel amid the Iran warTell us: have your holiday plans changed in light of recent world events?Chelsea Blackmore saves up every year for an annual vacation with her 58-year-old mother. This year, after landing an especially good deal, they made plans to embark on a Disney cruise from Orlando.To keep costs low, she bought the least expensive plane tickets she could find: a $500 round trip fare on Spirit Airlines. Continue reading...
theguardian.com
‘Peak TV is behind us’: UK developers pivot from building studios to datacentres amid AI boom
Ambitious plans are being scaled back – but film and TV industry point to big existing investments in British productionHollywood blockbusters including the eagerly anticipated Beatles biopics and big-budget TV series such as Bridgerton have been keeping the UK’s film and TV studio facilities packed.But as the streaming wars recalibrate having passed “peak TV”, a slowdown in the content arms race is prompting property developers to switch to building datacentres amid the AI boom. Continue reading...
cnbc.com
U.S. sanctions companies and individuals in the Middle East and China for helping Iran
The moves target 11 entities and three individuals based in Iran, China, Belarus and the United Arab Emirates.
theguardian.com
Who is Louis Mosley, the man tasked with defending Palantir against its critics?
The company’s UK and Europe boss has become a lightning rod for the British public’s fear of a US tech takeoverThe hall was packed with rightwing radicals when Louis Mosley heralded a coming revolution. Just as Oliver Cromwell – that “crusader for Christ and liberty” – routed King Charles I’s royalists, “a similar revolution is brewing today”, said the UK and Europe boss of Palantir. Globalism’s “twilight” was upon us, he said in a speech dotted with admiring mentions of the podcaster Joe Rogan and “Elon’s Doge”.It was not a typical peroration for a big UK government contractor with more than £600m in deals with the NHS, the Ministry of Defence and police. But Palantir, the world’s most controversial tech company, is no typical contractor. In recent years it has gained firm footholds across Britain’s public sector while appalling critics with its leadership’s rightwing rhetoric and its work for the US and Israeli militaries and Donald Trump’s ICE immigration crackdown. Continue reading...
theguardian.com
City & Guilds London Institute trustees accused of stalling inquiry into £166m sale
The board of the vocational charity has shown a ‘catastrophic failure of governance’, according to a member of the group’s councilThe trustees of City & Guilds London Institute have been accused of attempting to dodge accountability for a “catastrophic failure of governance” by stalling on the launch of an independent inquiry into the £166m sale of the vocational charity’s training and accreditation business last October.Members of the 148-year-old body voted overwhelmingly last month for the trustee board to trigger what would be the third investigation into how the foundation sold its operations to the private operator PeopleCert in October. Continue reading...
bbc.com
How sunburn inspired a new way to store energy
Molecules that can capture heat could be a useful technology to decarbonise heating.
cnbc.com
Revival of Blackberry nostalgia and keyboard fuels smartphone startups
Smartphone startups are bringing back the Blackberry idea through physical keyboards and the classic square-shaped smartphone.
bbc.com
How Sir David Attenborough built 'Green Hollywood'
The city is responsible for 80% of the world's natural history TV shows.
theguardian.com
‘We are talking about energy security for Europe’: Norway doubles down on oil and gas production
Norway’s energy minister says country has a ‘responsibility’ to address shortfalls caused by wars in Ukraine and Middle EastIn case of any doubt about Norway’s commitment to maintain – and expand – its production of gas and oil offshore, the energy minister, Terje Aasland, has a pithy response: “We will develop, not dismantle, activity on our continental shelf.”This week, to the alarm of environmental campaigners, he announced that three gasfields off the country’s southern coast would reopen by the end of 2028 – nearly three decades after they closed – to meet a shortfall caused by the impact of the war in Ukraine and disruption to supplies from the Middle East. Continue reading...
theguardian.com
Home batteries: a ‘gamechanger’ for cutting energy bills?
As fuel prices soar, millions of Britons could reduce their electricity costs by installing home storageConsumers across the UK are bracing for the war in the Middle East to deliver a sharp rise in home energy bills from this summer.The looming energy cost crisis has prompted a record number of households to investigate green home upgrades to try to keep bills down, including heat pumps, solar panels and electric vehicles. Continue reading...
theguardian.com
Worried Britons ‘prepping’ for major disruption with stash of tins and cash, survey shows
Fears over a natural disaster or cyber-attack are pushing households into contingency planning, Link survey showsMillions of Britons are “prepping” for a potential “major disruptive event” by keeping a stash of cash at home, stockpiling tinned goods or ensuring they have a battery-powered torch close to hand, new data suggests.With war raging in the Middle East and Ukraine, extreme weather becoming more frequent, and warnings that the UK’s critical infrastructure is at risk from cyber-attacks and power outages, many people feel the world has become a more dangerous and chaotic place. Continue reading...
cnbc.com
Whisky business: Investors pin hopes on Trump’s Scotch tariff reversal after dire three years
President Trump's decision to ditch the 10% tariff on Scotch whisky could boost the market for premium cask collecting.
theguardian.com
General Motors to pay $12.75m settlement for selling drivers’ location and data
Automaker had given ‘numerous statements reassuring drivers that it would not do so’, says California attorney generalGeneral Motors (GM) agreed to pay $12.75m to resolve claims that it illegally sold hundreds of thousands of Californians’ location and driving data to two data brokers, said the state’s attorney general, Rob Bonta, on Friday. He said this came after the Detroit-based automaker had given “numerous statements reassuring drivers that it would not do so”.“General Motors sold the data of California drivers without their knowledge or consent,” Bonta said in a statement. “This trove of information included precise and personal location data that could identify the everyday habits and movements of Californians.” Continue reading...
cnbc.com
Major crypto bill slated for May 14 Senate Banking Committee vote
The crypto industry's top legislative priority, a bill determining oversight of digital assets, is set to advance in the Senate Banking Committee.
bbc.com
The UK is set for a staycation summer - and there are plenty of hidden gems
Seasoned staycationers share their favourite spots as Airbnb and Booking.com say interest in UK stays are up on last year.
cnbc.com
The Federal Reserve is quickly running out of reasons to cut interest rates
Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.
theguardian.com
These election results don’t mean tacking left or right, but delivering for the whole country | Keir Starmer
In the coming days I will be setting out our path to break with the status quo once and for all by building a stronger and fairer UKThese were very tough election results. It hurts to lose brilliant local candidates and leaders – friends and colleagues who represent the best of the Labour party. I take responsibility for that and feel it very deeply. It is right we reflect and learn the right lessons.While the results will understandably lead to much debate about what’s changed in British politics, that should not overshadow the fact that for years voters have been deeply frustrated with the status quo – constantly hoping that things will get better and that politics will deliver real change in their lives.Keir Starmer is the UK prime ministerDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
bbc.com
US jobs data beats expectations for second month in a row
The solid figures came despite rising gas prices and economic uncertainty sparked by the Iran war.
cnbc.com
Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags
Intel, AMD and Micron surged double digits this week as investors bet on CPU makers and memory companies powering the next stage of AI
cnbc.com
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
The arrival of Anthropic's Mythos jolted banks, software giants and governments into reckoning with a new era of cyber attacks. But the threat is already here.
cnbc.com
AWS data center outage hits trading on FanDuel, Coinbase — recovery to take hours
The cloud platform says it is currently working to resolve the outage, caused by overheating at a data center in Northern Virginia.
cnbc.com
Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble'
"Stocks are not up or down because of jobs or consumer sentiment," Burry wrote. "Feeling like the last months of the 1999-2000 bubble."
theguardian.com
Fifa triples price of top World Cup final ticket to $32,970 as US politicians voice concerns
Previous high for Category 1 had been $10,990Resale tickets for final listed from $8,000 to $11.5mNew Jersey reps pen letter to Infantino about ticketingFifa tripled the price of its best available tickets to the World Cup final, making $32,970 seats available on Thursday for the 19 July match at MetLife Stadium in East Rutherford, New Jersey.The governing body listed those seats as Front Category 1 on its sales site. Continue reading...
cnbc.com
Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.
cnbc.com
Marco Rubio says U.S. expects Iran response on peace deal 'today'
U.S. Secretary of State Marco Rubio said Friday that the U.S. is expecting a response from Iran on Washington's proposal to end the war.
bbc.com
Major train operator to be renationalised in months
GWR, which runs trains between London and South Wales, will come under government control.
cnbc.com
U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade
The shaky U.S. ceasefire with Iran has been repeatedly undermined this week, even as President Donald Trump insists it remains in effect.
theguardian.com
Great Western Railway to be nationalised in December
Train operator will become 11th national service returned to public ownership since Labour was elected in 2024Great Western Railway will be nationalised in December, the government has announced.The train service, which has been in private hands for 30 years, mainly run by First Group, will be the 11th train operator on the national railway brought back into public ownership. Continue reading...
cnbc.com
Akamai stock soars 20% on earnings, $1.8 billion AI infrastructure deal
Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% year-on-year.
theguardian.com
How reading the Guardian led to a million-pound move for Cornish Pirates
Article about second-tier rugby club last December piqued interest of American private equity firm “I think my family already thought I was crazy so this is nothing new,” says Kenn Moritz from his home office in faraway Pittsburgh. The Moritz family may have a point. Given all those baseball, football, ice hockey and basketball franchises in the United States, why opt instead to invest in a second-tier English rugby club in Cornwall that almost folded less than two years ago?The catalyst turns out, ahem, to have been your correspondent’s article about the Cornish Pirates in the Guardian last December. Moritz was sitting where he is now, trawling through his trusted worldwide news sources when he stumbled across the Pirates’ quest for fresh investment. Somewhere inside him a light flicked on. “Without that article I wouldn’t have called,” says Moritz, the president of the private equity firm Stonewood Capital. “It gave me an insight into what was going on in English rugby and piqued my interest.” Continue reading...
theguardian.com
Is ‘tax the rich’ really hate speech? Won’t someone think of the billionaires? | Fiona Katauskas
The top 1% have it hard, tooSee more of Fiona Katauskas’s cartoons here Continue reading...
bbc.com
US jet fuel could be used in Europe to ease possible shortages
An international air body suggests wider acceptance of US-grade jet fuel could help to head off any supply problems.
bbc.com
Housing market 'fragile due to global unrest'
Jersey estate agents say there is uncertainty in the market due to the impact of the conflict in the Middle East.
cnbc.com
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
cnbc.com
Gilt yields ease as UK PM Starmer says 'tough' election results won't make him quit
The U.K. is counting votes after an election of local councilors and devolved governments on Thursday.
theguardian.com
How dangerous is Anthropic’s Mythos AI? | Bruce Schneier
The system’s power is comparable to others – but it still has frightening implications for the future of hackingLast month, Anthropic made a remarkable announcement about its new model, Claude Mythos Preview: it was so good at finding security vulnerabilities in software that the company would not release it to the general public. Instead, it would only be available to a select group of companies to scan and fix their own software.The announcement requires context – but it contained an essential truth. Continue reading...
bbc.com
South East Water boss quits after supply failures
David Hinton faced criticism after outages affected tens of thousands of people in Kent and Sussex.
theguardian.com
‘A share in the delight’: the people investing in the UK’s first community-owned solar battery
Oxfordshire’s Ray Valley Solar already generates clean energy for 7,000 homes, and is now crowdfunding storage to marry daylight with evening demandTucked away among hedgerows on a large field between a motorway and the River Ray, one of the UK’s largest community-owned solar parks is hard to spot from the surrounding country lanes.But the nearly 36,000 solar panels installed on the site are literally a shining example of what can be achieved when a renewable energy project is co-owned by local people. Continue reading...
bbc.com
Oil prices rise after US and Iran exchange fire in Hormuz strait
US President Donald Trump says the ceasefire between Washington and Tehran is still in place.
bbc.com
The companies making billions from the Iran war
Through surging profits or soaring share prices, the war has been a boon for some firms.
cnbc.com
Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
India is the world’s fastest-growing consumer market, and with cricket commanding near-religious devotion, investors are rushing to own IPL franchises.
theguardian.com
UK house price growth halved as Iran war fallout hits housing market
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owing to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading...
cnbc.com
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world's largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
cnbc.com
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.
theguardian.com
Homes for sale in converted mills in England and Scotland – in pictures
From a picturesque countryside corn mill to a city flat in London’s historic waterside heartland Continue reading...
bbc.com
World Cup fans in China and India face broadcast uncertainty
Broadcasters in the two countries have yet to reach deals with Fifa, just weeks before the tournament is due to start.
cnbc.com
Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve
Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday.
bbc.com
Instagram privacy tech is turned off today - what does this mean for your DMs?
The platform said it would remove end-to-end encrypted messages, a major U‑turn by parent company Meta.
bbc.com
Trump gives EU ultimatum deadline to approve trade deal with US
Trump's deadline to the European Union came as a trade court ruled his global tariff policy violated US law.
bbc.com
Morrisons supermarket in Wales fined £750k for dirty bakery
A judge said the case was not about a few rogue employees but showed serious and systemic failure.
bbc.com
Major rail disruption expected in southern England until end of day
A radio fault has been resolved but passengers could continue to face long delays, warns National Rail.
theguardian.com
Outrage as oil giants profit billions from Iran war - The Latest
Shell has made $6.9bn in profits since the Iran war began, cashing in on soaring energy prices. The enormous profits have reignited calls for higher taxes on fossil fuel companies to fund support for those hardest hit by rising costs.Lucy Hough speaks to energy correspondent Jillian Ambrose. Continue reading...
bbc.com
Portugal and Italy will not suspend digital border checks for Brits
Reports had suggested the countries were set to follow the example of Greece, which effectively suspended biometric checks for UK nationals.
bbc.com
Average house price falls by 5%, report shows
The cost of an average island property is down from almost £600,000 at the start of 2025.
cnbc.com
France is fan favorite for the FIFA World Cup — but AI is backing another nation for glory, says BofA
The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.
bbc.com
Shell latest oil giant to see profits surge due to Iran war impact
The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price
bbc.com
'We had people come just to see it': Amazon delivers its first UK parcels by drone
The unmanned aircraft can drop off 100 parcels a day within a 12km radius of Amazon's hub.
bbc.com
Watch: Drone delivers first Amazon parcels in UK
The tech giant says it hopes to slowly expand the service as the demand for ultra-fast deliveries grows.
bbc.com
$19bn order boosts Belfast Airbus factory
Malaysian airline Air Asia places an order for 120 Airbus A220s, the wings of which are made in Belfast.
bbc.com
'How loan shark threats keep victims like me silent'
A meat cleaver and samurai sword are among items seized from suspects, shown exclusively to the BBC.
bbc.com
The AI fitness instructors selling unreal gains
A BBC Sport investigation finds misleading adverts for fitness apps that use AI-generated instructors to make exaggerated claims.
bbc.com
The no-nonsense judge calling the shots in Musk v Altman trial
The feud has fuelled a costly showdown between two tech titans.
bbc.com
Gulf economies face long-term hit from Iran conflict
Commentators say it will take years or even decades to repair the damage.
bbc.com
Former OpenAI board member says Elon Musk offered her sperm donations
Shivon Zilis is the mother of four of Musk's children. That relationship began as she advised OpenAI.
bbc.com
Hedge fund founder hits back at Mamdani's 'creepy' wealth tax video
Ken Griffin said Mamdani's video, filmed outside his apartment, raised safety concerns.
bbc.com
People urged not to cancel flights over fuel shortage fears
Airlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.
bbc.com
Oil prices drop and stock markets rise after reports of deal to end Iran war
Reports have raised hopes of an agreement between the US and Iran after days of escalation.
bbc.com
Up to 150 former WHSmith high street stores to close
The stores were purchased by Modella Capital last year, and then rebranded under the name TGJones.
bbc.com
Why did Paddington Bear need a police escort?
Rav Wilding joins us with the latest crime headlines. From a shocking BBC investigation exposing scammers abusing dogs to con animal lovers, to how to spot a shop used by organised crime — plus why Paddington Bear needed a police escort
bbc.com
Which airlines are cancelling flights to the UK - and what can you do?
Airlines are putting up prices and cancelling flights in response to higher jet fuel prices.
bbc.com
Next to hike prices by up to 8% outside Europe due to Iran war costs
No extra price rises are slated for the UK, which saw better than expected sales in the first quarter.
theguardian.com
Is Europe ready for a future without the US? – podcast
Trump has threatened to pull 5,000 troops from Germany – while European leaders worry this is just the start of a US withdrawal from the continent. Deborah Cole reportsLandstuhl is a unique place: a small town in the south-west of Germany, it is also very American.There are American fast food joints, nail salons flying the US flag … and it has, says the Guardian’s Berlin correspondent, been welcoming the US army since it marched into the nearby city of Kaiserslautern in spring 1945. Continue reading...
bbc.com
Apple to pay up to $95 to some US iPhone buyers over AI lawsuit
Claims from last year said the tech firm’s advertising of Apple Intelligence fooled iPhone buyers.
theguardian.com
Tell us: are you caught up in the NS&I lost funds issue?
If you’re affected by the National Savings and Investments lost funds scandal, we would like to hear from youThis month the state-backed National Savings and Investments (NS&I) bank will share its plan to reunite thousands of bereaved families with their missing money.In March it emerged that 37,500 people faced delays because of problems tracing the premium bonds of deceased customers. The families are collectively owed nearly £500m. Continue reading...
bbc.com
Why are there so many vape shops on our high streets?
New research has shown a 28% growth in shops selling vape products in Scottish towns and cities.
bbc.com
Robots move in as waste firms struggle to find staff
Humanoid robots are being added to the automation of waste sorting.
bbc.com
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
bbc.com
Will AI lead to more accurate opinion polls?
It's cheaper and faster to collect people's opinions using AI, but will it make polls more accurate?
bbc.com
The kelp producer who wants to get Americans eating seaweed
Marine farmer Suzie Flores also hopes the crop can revitalise the US's small fishing towns.
bbc.com
Why has the UAE left Opec - and why does this matter?
The United Arab Emirates (UAE) is quitting oil cartel Opec after nearly 60 years of membership.
bbc.com
Why Spotify has no button to filter out AI music
Music streamer Deezer allows users to filter out AI music, so why does Spotify not offer the same?
bbc.com
How climate change threatens the economic backbone of the Pacific
Tuna populations around the Pacific Islands could move away as ocean temperatures increase.
bbc.com
From scientist to silk farmer: India's silk industry renewal
Silk production is an increasingly high-tech business in India.
bbc.com
What the Warner Bros deal could mean for streaming, cinemas and news
If Paramount's takeover of Warner Bros goes ahead it could significantly reshape Hollywood.
bbc.com
How a pivot to hair accessories led to business success
Jenny Lennick's colourful hair clips are sold across the US and around the world.
bbc.com
The 'dumb machine' promising a clean energy breakthrough
A stellarator is difficult to build, but could it be the best way to make fusion energy work?
bbc.com
Scammers are becoming ever more sophisticated - this is what the fightback looks like
Scams have exploded over the last few years. Can countries and companies come together to turn the tables on the scammers?
bbc.com
The £5.30 orange juice that tells the story of why supermarket prices are sky high
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
bbc.com
Prepare for turbulence - how a prolonged Middle East conflict could reshape how we fly
The Gulf's hub airports made long-distance travel cheaper - but now their future looks unclear.
bbc.com
Sir John Curtice: Why Labour's Brexit focus has shifted from Leavers to Remainers
Will the pursuit of a closer relationship with the EU risk courting electoral disaster by alienating Brexit-backing voters?
💬 Comments